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Excel , Calculate The Number Of Months Between Two Dates Free Excel Template
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These skills will improve your spreadsheet work in any career Excel Shortcuts for PC and Mac Excel Shortcuts PC Mac Excel Shortcuts - List of the most important common MS Excel shortcuts for PC Mac users, finance, accounting professions.

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Enroll today Corporate Finance Institute Courses Programs Certification Programs Financial Modeling Valuation (FMVA) Certified Banking Credit Analyst (CBCA) Capital Markets Securities Analyst (CMSA) Course Bundles Machine Learning Python Course Catalog Full Catalog For Business Account Settings Log Out My Dashboard Log In Get Started Menu Courses Programs Certification Programs Financial Modeling Valuation (FMVA) Certified Banking Credit Analyst (CBCA) Capital Markets Securities Analyst (CMSA) Course Bundles Machine Learning Python Course Catalog Full Catalog For Business Account Settings Log Out Log In Get Started NETWORKDAYS Function Get the number of workdays between two given dates Home Resources Excel Resources Functions NETWORKDAYS Function How to calculate working days in Excel The NETWORKDAYS Function calculates the number of workdays between two dates in Excel.

When using the function, the number of weekends are automatically excluded.

It also allows you to skip specified holidays and only count business days.

It is categorized in Excel as a DateTime Function Functions List of the most important Excel functions for financial analysts.

You can use this formula to calculate working days in Excel between two dates.

In finance Finance CFIs Finance Articles are designed as self-study guides to learn important finance concepts online at your own pace.

Browse hundreds of articles and accounting, the net workdays function is useful in calculating employee benefits that accrue based on days worked, the number of working days available during a project, or the number of business days required to resolve a ticket raised by a customer, etc.

Formula NETWORKDAYS(startdate, enddate, holidays) The function uses the following arguments: Startdate (required argument) Startdate can either be earlier than enddate, later than enddate, or same as enddate.

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We can enter it as a range of cells that contain the holiday dates (that is F2:F4) or as a list of serial numbers that represent the holiday dates.

It is recommended that the startdate, enddate and holidays arguments are entered as either: References to cells containing dates; or Dates returned from formulas.

How to calculate NETWORKDAYS Function in Excel Lets see a few examples to understand how the NETWORKDAYS function to calculate working days in Excel.

Example 1 Working days between two dates Suppose we wish to calculate the workdays or business days from January 15, 2017 to January 21, 2018.

The holidays in between are: November 23, 2017 Thanksgiving Day December 25, 2017 Christmas Day January 1, 2018 New Years Day To calculate the number of working days, we use the following function: Using the formula above, we will get the number of working days as 262, as shown below.

Pointers about the NETWORKDAYS function Negative return value If the start date is later than the end date, the function will return a negative value.

The NETWORKDAYS function will include both the start date and end date when calculating work days.

So, if we give NETWORKDAYS the same date for start date and end date, it will return 1.

VALUE error Occurs when any of the given arguments is not a valid date.

If we wish to use weekends other than Saturday and Sunday, we need to use the NETWORKDAYS.INTL function.

To learn more, check out these additional CFI resources: Excel Functions for Finance Excel for Finance This Excel for Finance guide will teach the top 10 formulas and functions you must know to be a great financial analyst in Excel.

This guide has examples, screenshots and step by step instructions.

Excel , Calculate The Number Of Months Between Two Dates Free Excel Template

In the end, download the free Excel template that includes all the finance functions covered in the tutorial Advanced Excel Formulas Course Advanced Excel Formulas You Must Know Advanced Excel Formulas Must Know These advanced Excel formulas are critical to know and will take your financial analysis skills to the next level.

Learn the top 10 Excel formulas every world-class financial analyst uses on a regular basis.

Excel For Mac, Calculate The Number Of Months Between Two Dates